I almost put this in the waste management forum, since most of this guys analysis belongs in the circular file.
Lets recap this idiots carreer:
8/96 tells investors to buy amzn that its going to $400.
8/96 amzn goes to $400, he gets promoted to Merril Lynch.
97-99 at Merril he keeps telling people to "BUY! BUY - ITS A NEW PARADIGM, A NEW ECONOMY" while his firm lands more stock underwriting fees, making the partners and him rich at the publics expense.
2000 - dotcoms tank, he gets even more bullish and tells people to buy all the way into the trash heap (pcln, dscm, amzn...)
2001 - now he's a tech expert (with no technical degree, no EE) and he cant recommend buying those dot com pieces of crap, so he bashes msft - an easy target.
He'll never admit that there is no new paradigm.
Why is he not behind bars, why is the SEC not chasing after him with a gag order.
Why do people listen to this idiot. |
